I am starting a small business. Do I really need a lawyer?

There are steps we can take to protect you and your business from the risks that are specific to you, which steps can only be taken before problems arise. Seek legal advice as soon as you can. Even if you cannot implement the solutions when you are just getting started, you can start budgeting to implement them if you know your options.

How do I know when to incorporate?

Accountants will tell you that it makes sense from a tax perspective to incorporate as soon as you are leaving earnings in your business, meaning that you do not need those earnings to pay for personal expenses.

On the other hand, if your business involves litigation risk, or if you are trying to extricate yourself from personal responsibility for business debts, it may make sense to incorporate sooner than that. Contact us for further guidance.